MTR Corp. has been accused of copying an idea from a small tech startup and using it in its smartphone app, the Hong Kong Economic Journal reports. MTR Mobile, the train operator’s app, has recently added a new function called Fast Exit, which is ... ( read original story ...)
Navigating risks in project finance
McKinsey senior partner Roberto Fantoni sat down with leaders ... Lincoln Leong, chief executive officer, MTR Corporation: In our case, at MTR in Hong Kong, this model means we’re developing properties above our stations and above our depots. ( read original story ...)
Here’s how to get into Hang Seng Bank in Hong Kong
Hang Seng Bank is hiring experienced staff across the board in Hong Kong right now (click here for details of where the jobs are). But where should you study if you want a graduate role at the bank? To find out, we looked at online profiles of ... ( read original story ...)
Hong Kong singer and actress Josie Ho is making new music
To say that Josie Ho has been busy is an understatement. The Hong Kong singer and actress is putting out new music, touring Asia and has shot a new travel show on TLC. Together with her indie rock band, "Josie and the Uni Boys," Ho is releasing seven new ... ( read original story ...)
Hong Kong’s ‘One Country, Two Systems’ framework under pressure – Britain
HONG KONG (Reuters) - “Important areas” of Hong Kong’s “One Country, Two Systems” framework are coming under growing pressure, illustrated by developments such as reports of mainland security officials operating in the autonomous city ... ( read original story ...)
Hong Kong’s ex-central banker calls for dual-currency stock prices to shield city from risks
It would also enable banks in Hong Kong to manage their renminbi assets and liabilities more effectively.” Joseph Yam’s blog: International Financial Centre and Monetary and Financial Stability Currently, only two – Hui Xian Real Estate Investment ... ( read original story ...)
MTR accused of stealing app ideas from Hong Kong start-up
The company that runs Hong Kong’s railways has been accused of stealing ideas from a small tech start-up and using them in its smartphone app, after meeting staff from the company over a possible collaboration. But the MTR Corporation said it had been ... ( read original story ...)
Chinese online insurer ZhongAn to seek $11 billion valuation in HK IPO: IFR
HONG KONG (Reuters) - ZhongAn Online Property and Casualty Insurance Co Ltd [IPO-ZAOL.HK], China’s first internet-only insurer, plans to seek a valuation of up to $11 billion with its Hong Kong initial public offering, IFR reported on Thursday ... ( read original story ...)
Hong Kong, Sydney, Shanghai property at risky level, S&P global ratings says
Property prices in the Asia-pacific region have reached risky levels, especially in Sydney, Hong Kong and Shanghai, according to S&P Global Ratings. “Asset prices, especially property prices, today are as stretched as they were before the Asian crisis ... ( read original story ...)
Refinancing Looms for HNA’s Hong Kong Projects
Sign up here to receive our newsletter. When HNA Group Co., the Chinese conglomerate that’s been buying up companies worldwide, spent $3.5 billion in Hong Kong earlier this year on land for its first luxury real estate development, it had no problems get ... ( read original story ...)
Hang Seng
Hong Kong's Hang Seng, however, was muted and added just 8.80 points to close at 27,963.93. Macquarie Group rallied in Sydney trading after the firm delivered a pleasing profit forecast. Shares in Australia's biggest investment bank jumped about 3% after ... ( read original story ...)
What must Hong Kong do to rein in surging home prices?
Hong Kong’s home prices may be surging from one record high to another, but the prospect of reining them in over the next decade may not be as far-fetched as sceptics make it out to be, according to experts. Price corrections however, will also depend on ... ( read original story ...)
Hong Kong stocks end lower, pressured by losses in financials and utilities
The Hang Seng Index slid 0.3 per cent ... and China Construction Bank dropped 1 per cent. Bank of China eased 1 per cent, and AIA shed 0.3 per cent. Utilities also pulled back. Towngas, Hong Kong’s sole supplier of piped gas, dropped 0.5 per cent. ( read original story ...)
Financial globalization hits a more stable, inclusive stride
In this episode of the McKinsey Podcast, McKinsey Global Institute partner ... would be countries like Luxembourg but also the Netherlands, Ireland, Singapore, Hong Kong, and a few others. Janet Bush: Interesting. Eckart, can we assume that the instability ... ( read original story ...)